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Wat is the journal entry for credit sales with vat

Answers were Sorted based on User's Feedback



Wat is the journal entry for credit sales with vat ..

Answer / saurabh kumar

SAURABH A/C DR
TO SALES A/C
TO OUTPUT VAT A/C

Is This Answer Correct ?    29 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / vivek mohan

party A/C DR
TO output vat
TO sales

Is This Answer Correct ?    13 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / santosh kumar

Party A/c Dr
To Sales A/c
To Output Vat A/c

Is This Answer Correct ?    7 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / sandip

Parties A/c Dr,

To Sales A/c Cr
To Output VAT A/c Cr

Is This Answer Correct ?    5 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / prasad

party a\c .........dr
TO sales a\c
to output vat a\c

Is This Answer Correct ?    1 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / ge the maestro

Dr Debtors control(SFP)
Cr Sales(P/L)
Cr Output vat account(SFP)

Is This Answer Correct ?    0 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / lokesh reddy

customer ac dr
to sales
vat

Is This Answer Correct ?    0 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / ganesh

ACCOUNT RECEIVABLE A/C DR >< >< ><
TO OUTPUT VAT AC CR. >< >< ><
TO SALE A/C CR. >< >< ><

Is This Answer Correct ?    0 Yes 0 No

Wat is the journal entry for credit sales with vat ..

Answer / m.l.v

PURCHASE MATERIAL A/C...............DR
VAT A/C.............................DR
TO SUNDRY CREDITORS A/C

Is This Answer Correct ?    6 Yes 15 No

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